Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Short Interest Update

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 25,600 shares, an increase of 20.8% from the November 15th total of 21,200 shares. Based on an average daily volume of 154,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Nuveen S&P 500 Buy-Write Income Fund

Several large investors have recently added to or reduced their stakes in the stock. Farmers & Merchants Investments Inc. bought a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund in the 2nd quarter valued at approximately $25,000. Matrix Trust Co purchased a new stake in Nuveen S&P 500 Buy-Write Income Fund during the 3rd quarter valued at $69,000. CWM LLC lifted its position in Nuveen S&P 500 Buy-Write Income Fund by 581.3% in the third quarter. CWM LLC now owns 6,663 shares of the financial services provider’s stock worth $91,000 after buying an additional 5,685 shares during the last quarter. Blue Bell Private Wealth Management LLC boosted its stake in Nuveen S&P 500 Buy-Write Income Fund by 50.0% during the second quarter. Blue Bell Private Wealth Management LLC now owns 9,000 shares of the financial services provider’s stock worth $122,000 after buying an additional 3,000 shares during the period. Finally, Clarity Wealth Advisors LLC bought a new position in Nuveen S&P 500 Buy-Write Income Fund during the third quarter valued at $182,000.

Nuveen S&P 500 Buy-Write Income Fund Trading Down 1.7 %

BXMX stock opened at $13.91 on Monday. Nuveen S&P 500 Buy-Write Income Fund has a 52 week low of $12.45 and a 52 week high of $14.30. The company has a fifty day simple moving average of $13.87 and a two-hundred day simple moving average of $13.54.

Nuveen S&P 500 Buy-Write Income Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.2725 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen S&P 500 Buy-Write Income Fund Company Profile

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.